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Robinhood drops the confetti, but advisers aren’t convinced Robinhood's confetti graphic led to heavy criticism of its gamification tactics, but advisers say investor education is still what's needed. April 6, 2021 3 MINS After a bleak start to the year following the Gamestop stock surge and having multiple lawsuits filed against it, free trading app Robinhood Markets updated its application program interface to calm recent accusations that it was engaged in market manipulation and gamification.  This week millions of Robinhood users may have noticed that the celebrat...

Jackie Veling FILE - In this July 18, 2012, file photo, a pedestrian passes credit card logos posted on a downtown storefront in Atlanta. Many consumers want to pay off their debt in 2021 but are unsure how to navigate the COVID-19 economy. Experts recommend listing all your debts and contacting each lender to see if it will reduce your interest rate, lower your monthly payment or waive late fees. (AP Photo/David Goldman, File) If you have high-interest consumer debt, getting control of your money in the new year might sound overwhelming. Most Americans say the COVID-19 outbreak has caused f...

Jackie Veling Of Nerdwallet January 27, 2021 - 4:01 AM If you have high-interest consumer debt, getting control of your money in the new year might sound overwhelming. Most Americans say the COVID-19 outbreak has caused financial stress, according to a survey released in October by the National Endowment for Financial Education, with 30% listing debt as their top stressor. Despite the pandemic, you can still pay down your debt with the right plan. Here’s how. CONFRONT YOUR DEBT The first step is simple, but it can be the hardest: You have to face the problem. ...

Ideally, Schultz is looking for a three-bedroom, two-bathroom house listed under $500,000, but she's willing to be flexible on the details in order to keep the price down. "We're very committed to not having housing [cost] any more than 35% of our income," Schultz says.   This year, the couple hopes to make around $200,000 combined, but Schultz says the income from her new business is unpredictable. Outside their retirement savings, Schultz and her husband have about six months' worth of emergency living expenses saved up, as well as about $30,000 set aside for start-up business expenses and...

Credit card debt being used for gifts, hurting retirement People are tacking on nearly $2,000 to credit card balances pay for holiday presents, a survey found December 16, 2020 5 MINS Holiday spending is down amid the pandemic, but people are taking on more credit card debt to buy gifts, and that could hurt long-term and retirement savings goals. While credit card debt is up across the board, people who suffered job losses this year have disproportionately been covering expenses with credit, according to a report today from LendEDU. On average, 51% of people who remain u...